Job Description

We are seeking an experienced Business Analyst with a strong background in Capital Markets and Collateral Management to support the delivery of large-scale business and operational initiatives. The successful candidate will work closely with cross-functional partners, including risk, operations, and technology teams, to define requirements, optimize processes, and ensure that solutions align with business objectives.

This role is ideal for a proactive, detail-oriented professional who excels in structured environments and is comfortable working with complex financial products, data, and regulatory frameworks within the financial services sector.

Location: Toronto, ON (Hybrid – 1–2 days in office)
Contract Length: 12 Months (Extension Possible)
Hours: 9 AM–5 PM EST
Pay: T4: $42 / IC: $48

RESPONSIBILITIES

• Elicit, document, and validate business, functional, and technical requirements through stakeholder engagement and analysis.
• Translate business objectives into actionable deliverables for operations, risk, and technology teams.
• Conduct process mapping, data analysis, and gap assessments to support collateral management process optimization, including automation and digitization initiatives.
• Develop and maintain BRDs, process documentation, and operational workflows.
• Collaborate with internal stakeholders and external partners to support implementation and continuous improvement of collateral management processes.
• Support testing and validation of processes, ensuring accuracy, completeness, and adherence to SLAs and regulatory requirements.
• Identify, assess, and manage risks, dependencies, and change impacts across the project lifecycle.
• Prepare clear, concise documentation and reports for stakeholders, including findings, recommendations, and status updates.
• Maintain data integrity and ensure compliance with enterprise risk frameworks and regulatory standards.
• Support change management activities including stakeholder alignment, readiness assessments, and implementation tracking.
• Analyze operational issues, perform root cause analysis, and recommend solutions to enhance efficiency and reporting.

QUALIFICATIONS

• 3–5 years of progressive business analysis experience, preferably within financial services or banking.
• Proven experience delivering initiatives in at least one of the following domains:
• Capital Markets: OTC derivatives, collateral management, REPO, or counterparty credit risk.
• Commercial Banking: Risk management, operational processes, or financial product workflows.
• Personal Banking: Not required but considered an asset if combined with capital markets exposure.
• Strong understanding of SDLC methodologies (Agile and/or Waterfall).
• Demonstrated ability to work with financial data, operational processes, and reporting tools to support analysis and validation.
• Proficiency in Excel and familiarity with workflow automation and reporting tools such as Power BI or Power Automate.
• Excellent analytical, documentation, and communication skills.
• Ability to manage multiple priorities in a fast-paced environment with minimal supervision.

Preferred

• Experience in large enterprise or regulated financial institutions.
• Knowledge of collateral management processes including margin calls, safekeeping, and lifecycle events.
• Familiarity with automation and digital tools such as MS Power Automate, Power BI, or AI-enabled tools (e.g., Copilot).
• Understanding of regulatory, risk, and control frameworks within capital markets.
• Experience supporting process re-engineering and automation initiatives.

Education

• Post-secondary degree in Business, Finance, Accounting, or related discipline.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or other non-merit factor. We are committed to creating a diverse and inclusive environment for all employees.